Nubeva Technologies (CVE:NBVA) Trading Down 11.8% – Here’s Why

Shares of Nubeva Technologies Ltd. (CVE:NBVAGet Free Report) traded down 11.8% during trading on Friday . The stock traded as low as C$0.14 and last traded at C$0.15. 138,225 shares changed hands during mid-day trading, an increase of 97% from the average session volume of 70,268 shares. The stock had previously closed at C$0.17.

Nubeva Technologies Trading Down 11.8 %

The firm’s fifty day simple moving average is C$0.15 and its 200 day simple moving average is C$0.20. The company has a debt-to-equity ratio of 0.94, a quick ratio of 12.40 and a current ratio of 7.46. The stock has a market capitalization of C$10.52 million, a P/E ratio of -29.50 and a beta of 1.10.

About Nubeva Technologies

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Nubeva Technologies Ltd. develops and licenses software-based decryption solutions and TLS (SSL) network decryption solutions. It engages in the provision of cloud-based security software and services, as well as professional services. The company was founded in 2016 and is based in Vancouver, Canada.

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